2/8/2010 NEWS BRIEFS Is China Evading Tariffs on Fasteners and Threaded Rod? A coalition of U.S. manufacturers claims to have “compelling evidence that certain companies subject to antidumping orders are...
NEWS BRIEFS
2/5/2010 European Tariffs Driving China to New Markets & Products In response to Europe’s anti-dumping tariffs, China’s fastener manufacturers are finding alternative markets – including exporting to South America and...
2/5/2010 NEWS BRIEFS Black & Decker Q4 Fastener Sales Gaining Ground Black & Decker reported Fastener and Assembly Systems segment sales decreased 2% to $154.9 million in the fourth quarter...
2/4/2010 NEWS BRIEFS Former TriStar Aerospace Owner Reinvests In Fastener Industry Former TriStar Aerospace owner Odyssey Investment Partners acquired Wencor Group, an aerospace fasteners and components supplier based in Springville,...
2/3/2010 NEWS BRIEFS Anixter North American Fastener Segment Top Performer of 2009 Anixter International reported sales at its North American OEM Supply segment, including fasteners, outperformed the company’s other business...
2/3/2010 NEWS BRIEFS Senco Names Johansen New CEO Fastener supplier Senco Brands Inc. appointed Ben Johansen to CEO. For the past four years Johansen was president of Actuant Corp.’s DIY...
2/4/2010 NEWS BRIEFS Mountz Launches New Torque Website Torque tool specialists Mountz Inc. launched a new web site, mountztorque.com. The site provides an overview of the industry’s best torque tools...
International Trade Show Organizer Mack Brooks Acquires Fastener Fair and Fastener + Fixing Magazine
2/2/2010 International Trade Show Organizer Mack Brooks Acquires Fastener Fair and Fastener + Fixing Magazine Deal Includes Trade Shows and Magazine International show organizer Mack Brooks Exhibitions Group acquired the...
2/2/2010 NEWS BRIEFS B/E Aerospace Fastener Segment Sales Approach $800m Sales at B/E Aerospace’s fastener business, Consumables Management, dropped 23.5% to $798.1 million on a proforma basis during 2009. The...
2/3/2010 NEWS BRIEFS Double-Digit Drop in Simpson Strong-Tie Sales Simpson Strong-Tie sales, including fasteners and anchor systems, fell 22% during 2009, with sales to distributors and home centers contracting due...
2/1/2010 NEWS BRIEFS FIN Survey: Fastener Prices Stable – For Now Nearly six in 10 fastener companies reported stable prices in 2009, while 19.5% said prices fell an average of...
1/29/2010 NEWS BRIEFS ITW Acquires UK Coatings Firm Illinois Tool Works acquired UK-based specialty coatings maker ICI-Imagedata, Plastics News reports. Terms were not disclosed. The new business unit will be...
1/29/2010 NEWS BRIEFS Tree Island Completes $10m Offering Tree Island Wire Income Fund completed its previously announced Rights Offering, raising $10 million by issuing 10% second lien convertible debentures. The...
1/28/2010 NEWS BRIEFS FIN Survey: Will Fastener Companies Increase Wages in 2010? More than three quarters of FIN Survey participants reported their company did not give pay raises in 2009....
1/28/2010 Hariton Machinery Adds Plant Liquidation to Website Hariton Machinery Company Inc. added a second-hand fastener equipment page for plant liquidations to its website: haritonmachinery.com The liquidation page currently features...
1/28/2010 NEWS BRIEFS Fastener Segment Profit Jumps at ITW With “virtually all OEMs boost(ing) production,” ITW reported sales at its Transportation segment, including fasteners, increased 9.6% to $593.1 million during...
1/27/2010 NEWS BRIEFS Carpenter Tech: Several Quarters Before Fastener Sales Improve Carpenter Technologies reported aerospace market sales, including fasteners, dropped 28% to $113.5 million during the second quarter of fiscal...
1/27/2010 NEWS BRIEFS FIN Company Performance Index Drops to New Low for 2009 The FIN Company Performance Index plummeted to a new low for 2009. The Index fell from 6.5...
1/26/2010 NEWS BRIEFS FIN Survey: Will Fastener Prices Rise in 2010? FINdex Fastener Sales Nearly six in 10 fastener companies reported stable prices in 2009, while 19.5% said prices fell...
1/26/2010 Hill Fastener Achieves ISO 9001:2008 Certification Hill Fastener Corporation received ISO 9001:2008 certification, director of quality Charles Chaney announced. President Preston Boyd said Hill surveyed its sales representatives and...